贵州茅台（600519）

主要经济指标

类别\年份	营业收入（元)	营业利润（元)	利润总额（元)	净利润（元)	资产总计（元)	负债合计（元)	股东权益合计（元)
1998	628000000.0000	219000000.0000	219000000.0000	147000000.0000	742000000.0000	508000000.0000	234000000.0000
1999	891000000.0000	354000000.0000	354000000.0000	216000000.0000	915000000.0000	630000000.0000	285000000.0000
2000	1114000000.0000	446000000.0000	445000000.0000	255000000.0000	1269000000.0000	825000000.0000	444000000.0000
2001	1618000000.0000	610000000.0000	607000000.0000	342000000.0000	3463000000.0000	926000000.0000	2538000000.0000
2002	1835000000.0000	648000000.0000	648000000.0000	392000000.0000	3931000000.0000	1056000000.0000	2875000000.0000
2003	2401000000.0000	975000000.0000	977000000.0000	609000000.0000	4956000000.0000	1486000000.0000	3471000000.0000
2004	3010000000.0000	1488000000.0000	1491000000.0000	854000000.0000	6374000000.0000	2157000000.0000	4217000000.0000
2005	3931000000.0000	1919000000.0000	1920000000.0000	1169000000.0000	8058000000.0000	2895000000.0000	5162000000.0000
2006	4903000000.0000	2487000000.0000	2488000000.0000	1616000000.0000	9571000000.0000	3403000000.0000	6168000000.0000
2007	7237000000.0000	4525000000.0000	4522000000.0000	2966000000.0000	10481000000.0000	2113000000.0000	8369000000.0000
2008	8242000000.0000	5390000000.0000	5385000000.0000	4001000000.0000	15754000000.0000	4251000000.0000	11503000000.0000
2009	9670000000.0000	6076000000.0000	6081000000.0000	4553000000.0000	19770000000.0000	5118000000.0000	14652000000.0000
2010	11633000000.0000	7161000000.0000	7162000000.0000	5340000000.0000	25588000000.0000	7038000000.0000	18549000000.0000
2011	18402000000.0000	12336000000.0000	12335000000.0000	9250000000.0000	34901000000.0000	9497000000.0000	25403000000.0000
2012	26455000000.0000	18831000000.0000	18700000000.0000	14008000000.0000	44998000000.0000	9544000000.0000	35454000000.0000
2013	31071000000.0000	21792000000.0000	21432000000.0000	15965000000.0000	55454000000.0000	11325000000.0000	44129000000.0000
2014	32217000000.0000	22103000000.0000	21882000000.0000	16269000000.0000	65873000000.0000	10562000000.0000	55312000000.0000
2015	33447000000.0000	22159000000.0000	22002000000.0000	16455000000.0000	86301000000.0000	20067000000.0000	66234000000.0000
2016	40155000000.0000	24266000000.0000	23958000000.0000	17931000000.0000	112935000000.0000	37036000000.0000	75899000000.0000
2017	61063000000.0000	38940000000.0000	38740000000.0000	29006000000.0000	134610000000.0000	38590000000.0000	96020000000.0000
2018	77199000000.0000	51343000000.0000	50828000000.0000	37830000000.0000	159847000000.0000	42438000000.0000	117408000000.0000
2019	88854000000.0000	59041000000.0000	58783000000.0000	43970000000.0000	183042000000.0000	41166000000.0000	141876000000.0000
2020	97993000000.0000	66635000000.0000	66197000000.0000	49523000000.0000	213396000000.0000	45675000000.0000	167721000000.0000
2021	109464000000.0000	74751000000.0000	74528000000.0000	55721000000.0000	255168000000.0000	58211000000.0000	196958000000.0000
2022	127554000000.0000	87880000000.0000	87701000000.0000	65376000000.0000	254501000000.0000	49563000000.0000	204938000000.0000
2023	150560000000.0000	103709000000.0000	103663000000.0000	77521000000.0000	272700000000.0000	49043000000.0000	223656000000.0000
2024	174144000000.0000	119689000000.0000	119639000000.0000	89335000000.0000	298945000000.0000	56933000000.0000	242011000000.0000

盈利能力分析

类别\年份	销售毛利率（%)	营业利润率（%)	总资产利润率（%)	净资产收益率	存货周转率	应收账款周转率（次)	总资产周转率（次)
1998	34.71	34.87	29.51	54.2700	0.2400	--	0.85
1999	39.62	39.73	38.69	69.7600	0.3500	--	0.97
2000	40.13	39.95	35.07	68.4400	0.4200	--	0.88
2001	37.64	37.52	17.53	26.7900	0.4400	34.65	0.47
2002	35.15	35.31	16.48	13.8600	0.3700	41.05	0.47
2003	40.57	40.69	19.71	18.6500	0.4200	68.44	0.48
2004	49.44	49.53	23.39	21.5300	0.3700	102.56	0.47
2005	48.82	48.84	23.83	23.9900	0.3900	104.96	0.49
2006	50.68	50.74	26.00	27.6700	0.4100	87.59	0.51
2007	62.50	62.48	43.14	39.3000	0.4100	126.32	0.69
2008	65.38	65.34	34.18	39.0100	0.3000	203.39	0.52
2009	62.81	62.89	30.76	33.5500	0.2600	342.86	0.49
2010	61.55	61.57	27.99	30.9100	0.2200	1028.57	0.45
2011	67.01	67.03	35.34	40.3900	0.2400	12000.00	0.53
2012	71.17	70.69	41.56	45.0000	0.2400	2571.43	0.59
2013	70.13	68.98	38.65	39.4300	0.2000	3272.73	0.56
2014	68.60	67.92	33.22	31.9600	0.1700	12000.00	0.49
2015	66.24	65.78	25.49	26.2300	0.1500	12000.00	0.39
2016	60.43	59.66	21.21	24.4400	0.1800	--	0.36
2017	63.77	63.44	28.78	32.9500	0.2800	--	0.45
2018	66.49	65.84	31.80	34.4600	0.2900	--	0.48
2019	66.44	66.16	32.11	33.0900	0.3000	--	0.49
2020	67.98	67.55	31.02	31.4100	0.3000	--	0.46
2021	68.22	68.08	29.21	29.9000	0.2900	--	0.43
2022	68.83	68.76	34.46	30.2600	0.2800	6000.00	0.50
2023	68.83	68.85	38.01	34.1900	0.2800	3600.00	0.55
2024	68.68	68.70	40.02	36.0200	0.2700	4500.00	0.58

偿债能力分析

类别\年份	资产负债率（%)	股东权益比率（%)	流动比率	速动比率
1998	68.46	31.54	1.1600	0.4300
1999	68.85	31.15	1.1400	0.4600
2000	65.01	34.99	1.3000	0.6600
2001	26.74	73.29	3.1000	2.2500
2002	26.86	73.14	2.8300	1.8100
2003	29.98	70.04	2.5300	1.7100
2004	33.84	66.16	2.2100	1.4300
2005	35.93	64.06	2.0800	1.4300
2006	35.56	64.44	1.9900	1.4100
2007	20.16	79.85	3.4400	2.3500
2008	26.98	73.02	2.8800	1.9700
2009	25.89	74.11	3.0600	2.0100
2010	27.51	72.49	2.8900	1.8800
2011	27.21	72.79	2.9400	1.9800
2012	21.21	78.79	3.8000	2.3800
2013	20.42	79.58	3.7100	2.2800
2014	16.03	83.97	4.5100	2.8200
2015	23.25	76.75	3.2400	2.2700
2016	32.79	67.21	2.4400	1.8400
2017	28.67	71.33	2.9100	2.3200
2018	26.55	73.45	3.2500	2.6600
2019	22.49	77.51	3.8700	3.2200
2020	21.40	78.60	4.0600	3.4100
2021	22.81	77.19	3.8100	3.2300
2022	19.47	80.53	4.4100	3.5600
2023	17.98	82.02	4.6200	3.6700
2024	19.04	80.96	4.4500	3.4700

成本费用分析

类别\年份	营业成本（元)	销售费用（元)	管理费用（元)	财务费用（元)
1998	410000000.0000	56426800.0000	116000000.0000	41920800.0000
1999	538000000.0000	102000000.0000	122000000.0000	11277300.0000
2000	667000000.0000	135000000.0000	130000000.0000	8118100.0000
2001	1009000000.0000	228000000.0000	181000000.0000	-5661100.0000
2002	1190000000.0000	308000000.0000	239000000.0000	-17318900.0000
2003	1427000000.0000	365000000.0000	292000000.0000	-16050200.0000
2004	1522000000.0000	377000000.0000	312000000.0000	-25348000.0000
2005	2012000000.0000	476000000.0000	351000000.0000	-32264600.0000
2006	2418000000.0000	585000000.0000	496000000.0000	-4938400.0000
2007	2714000000.0000	560000000.0000	723000000.0000	-2019000.0000
2008	2853000000.0000	532000000.0000	941000000.0000	-761200.0000
2009	3596000000.0000	621000000.0000	1217000000.0000	-158100.0000
2010	4473000000.0000	677000000.0000	1346000000.0000	-105800.0000
2011	6070000000.0000	720000000.0000	1674000000.0000	-103000.0000
2012	7628000000.0000	1225000000.0000	2204000000.0000	-89500.0000
2013	9282000000.0000	1858000000.0000	2835000000.0000	-17500.0000
2014	10117000000.0000	1675000000.0000	3378000000.0000	-123000000.0000
2015	11292000000.0000	1485000000.0000	3813000000.0000	-67266800.0000
2016	15889000000.0000	1681000000.0000	4187000000.0000	-33175200.0000
2017	22123000000.0000	2986000000.0000	4702000000.0000	-55722300.0000
2018	25866000000.0000	2572000000.0000	5326000000.0000	-3521200.0000
2019	29818000000.0000	3279000000.0000	6168000000.0000	7458000.0000
2020	31377000000.0000	2548000000.0000	6790000000.0000	-235000000.0000
2021	34790000000.0000	2737000000.0000	8450000000.0000	13529900.0000
2022	39763000000.0000	3298000000.0000	9012000000.0000	12023200.0000
2023	46923000000.0000	4649000000.0000	9729000000.0000	12624600.0000
2024	54547000000.0000	5639000000.0000	9316000000.0000	14474600.0000